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plant to protest a plan by mitt romney's former company bain capital to close the factory and ship their jobs to china. >> i am here because people that have their livelihoods, have raised their families, they have worked at their jobs and put in long hours and hard hours, they are losing them to communist china. romney, who benefits from bain capital, he does not seem to think there is any correlation at all. i just believe in their cause prix de >> as millions of americans by the new iphone5, we look at why thousands of chinese workers at a key plant walked off the job last week. all that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. we are broadcasting from the capital of new mexico in santa fe. polls continue to show a narrowing presidential race after a widely by president obama over the past month. or reuters daily tracking poll says obama and republican challenger mitt romney are tied among likely voters at 45% each. but when the findings of a peace survey on monday. campaigning in the battleground state of ohio, p
at the extent of bain capital's outsourcing and what it means for american workers if mitt romney is in charge of this country. my commentary is coming up with the facts. >>> don't forget, you can listen to me on sirius xm radio channel 127 monday through friday, noon to 3:00 p.m. follow me on twitter @edshow and like "the ed show" on facebook. >>> i hope you make it very clear to your employees what you believe is in the best interest of your enterprise and, therefore, their job and their future in the upcoming elections. and whether you agree with me or you agree with president obama or whatever your political view, i hope -- i hope you pass those along to your employees. nothing illegal about you talking to your employees about what you believe is best for the business. >> make it very clear. welcome back to "the ed show." obviously mitt romney talking back in june urging a group of businessowners to let employees know how their vote in november could affect their job. and in the countdown to election day, we've witnessed a number of ceos telling their employees to vote for mitt romney or s
's old company bain, they're back at it again. >> the plant is shutting down, and their jobs, a total of 170 are moving to china even though the company recorded recordss>> ltt w be my last day. >> they're begging mitt romney to stop this. what does he say? we'll tell you. plus we have our friday elbow of the day. now it's go time. >> you know, we have a debate coming up next monday, the final presidential debate. what happens before that we have the president out on the campaign trail. we have romney out on the campaign trail. but president obama came up with something which is fantastic. he created a new disease, and he calls that disease rom-nesia. he love it. he talks about how mitt romney, everything he says, every single thing he says he changes his mind as if he had forgotten what he said before. the president has coined romnesia. he should keep using it. sometimes the republicans have had such great success with turns of phrase such as swift voting, the quick one off to think a certain way about a certain person. romnesia is the perfect way to describe exactly what af
. economic greed. bain capital is a 51% owner of sensata. mitt romney owns $8 million worth of those shares. mitt romney is lining his pockets with millions while jobs are shipped overseas because there are people willing to work for less than $1 an hour. hold it right there. i'd like to know if these people work for $1 an hour, mr. romney, would you suggest keeping the plant here in freeport, illinois? as ted kennedy said on the floor in 2007, when does the greed stop, mr. romney? when does it stop? what do you want from these workers? how much more do you want to give to the wealthiest americans? well, you know what? romney, he won't even look at these people in freeport, illinois, in the eye. he won't do it. his every town counts bus tour refused to stop here in freeport, even though romney was just a few miles away. i guess we shouldn't expect, you know, more from a guy who thinks half the country doesn't take responsibility for itself. this is all part, my friends, of mitt romney's plan for america. he told us so when he helped create bain. >> bain capital is an investment partnership
. it's owned by bain. bain you'll remember, is the former employer of governor mitt romney. mitt romney actually one of the founders of bain, as you well know at this point. here is a report on the conditions at the factory. >> the plant is shutting down, and their jobs, a total of 170 are moving to china. even though the company reported record profits last quarter. >> numbernovember 5th is scheduled to be my last day after 33 days. >> it is owned by bain company, a company started by mitt romney although romney left pain seven years before they bought the freeport plant most of the people in this city, they're calling it bain-port they're is blaming mitt romney. >> this is ground zero to keep jobs here in the united states. >> you know, most of the employees are going to be out of work on november 5th. that's when they're out of work of the before thanksgiving. the plant is set to close on december 31st. happy new year. cenk uygur and "the young turks," we've been at this story all year. this is the story this past july before this story became immanent. >> what is happening here? wha
. he told us so when he helped create bain. >> bain capital is an investment partnership which was formed to invest in startup companies and ongoing companies. then to take an active hand in managing them and hopefully five to eight years later to harvest them at a significant profit. >> we not only need to learn the lessons of freeport, we need to prevent it from happening again. democrats are trying to pass the bring jobs home act in congress. it would give tax incentives to companies bringing jobs back to the united states and end its tax breaks for those who are outsourcers. the bill was passed in the senate. it was passed in the senate, but the bill got, of course, another republican filibuster. now, how patriotic is it? the bill is exhibit a. in president obama's vision for america. the president understands why we can't surrender the middle class. >> when you think about the economy, i'm absolutely convinced when you look at the historical record that when middle class families do well, when there are ladders of opportunity for poor families to get into the middle class
. >>> and bain capital, this is a story we covered last friday, it has intensified. bain capital plans to close the sensata plant ahead of schedule if workers continue protesting the company's outsourcing plans. we'll have the latest from freeport, illinois. share your thoughts with us on facebook and on twitter using #edshow. mething very interestinn common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back to "the ed show." thanks for watching tonight. well, republicans say that there is no war on women, yet every time they open their mouths on abortion, on health care, on pay equity, they prove that they don't have women's best interests in mind. indiana senate candidate richard mourdock's remarks on rape should be a real wake-up call to women. his comments should also be a real wake-up call to republican moderates, if there's any left. right-wing extremists have taken over the p
to china to turn a profit for bain capital. we're talking to one of the workers whose job is being shipped overseas. stay tuned. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. it's not for colds, it's not for pain, it's just for sleep. because sleep is a beautiful thing. ♪ zzzquil, the non-habit forming sleep-aid from the makers of nyquil. >>> this is a story about being a phoney, meaning not real. over the weekend paul ryan was on the campaign trail in youngstown, ohio. on his way to the airport, ryan stop stopped bhi a local soup kitchen. >> the vice presidential candidate pitched in at a youngstown soup kitchen following his forum. he helped wash dishes after lunch was served at the dining hall. >> hold the phone. according to "the washington post" by the time the vice presidential nominee and his family had arrived, the food had been served, the hall was empty and the volunteers appeared to have already cleaned
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of bain capital's outsourcing and what it means for american workers if mitt romney is in charge of this country. my commentary is coming up with the facts. >>> don't forget, you can listen to me on sirius xm radio channel 127 monday through friday, noon to 3:00 p.m. follow me on twitter @edshow and like "the ed show" on facebook. ♪ keys, keys, keys, keys, keys. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pocket, purse, or wherever. that's the power of german engineering. ♪ that dirty, old egg-suckin' dog ♪ to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain re
-notch bain capital venture capitalist. >> "the wall street journal" did some digging for today's paper it looked as 77 businesses bain invested in while romney led the firm. 22% of those companies either filed for bankruptcy or closed 8 years after the bain investment. >> jon: see, 22%! to 8% for the government. see? (cheers and applause) the government can't even get mitt romney at picking failures. let's take a look at one of romney's nonwinners, was a company called life like which received $2 million from bain, a personal loan from mitt romney himself, shortly before it went bankrupt, bain sold it, taking the company for $15,000. wow, $15,000 down from 2 million, that's a solid 99% return minus. why? what did life like make? >> now you can get your very own my twin at my twin.com. >> twice the fun, we have more fun. >> one of a kind my twin dolls. (laughter) >> jon: is it looking at me? why would mitt romney think anybody would want to buy a product so early close to yet so creeply far from human? why would mitt romney think that a perfectly sculpt-- settle down why would mitt romn
under bain or when you were government of massachusetts. jobs, what are you talking about jobs for? you don't know anything about jobs, 47 out of 50 and we're in a fight with this guy? he's leading now? you're kidding me! part of the reason is progressives are more honest than conservatives. when conservatives lose a debate oh, no, we won we won. i don't care, we won. what do liberals do, they said you're right we lost. >> president obama was not prepared for his huge debate. this isn't about left, right good or bad, it's about coming to work to work. >> i think he was taken aback at the brazenness. >> i believe that mr. obama took a licking last night. the public knows that. he seemed not disinterested, but uninterested. he looked as if he really would rather be somewhere else. >> when you've got to lead, try to sit on the ball in basketball and you've got the lead, when you play conservative, you often lose the lead. >> the president bizarrely just failed to show up. >> i'm showing you one of the strongest headline, a full banner based on giving it completely to romney last night. >>
but mitt romney is running for president on his bain capital business experience, and bain has helped companies maximize profits by outsourcing jobs to low-wage countries like china, which brings us back to the factory. can you guess who controls it? bain capital. of course bain capital no longer man ages bain today. but would it surprise you to learn he owns stock in the company. he had at least enough stock in the company that he was able to transfer more than $200,000 worth of shares so a foundation that he controls. for more on the human cost i'm joined by freeport illinois mayor. thank you so much for joining us inside "the war room." >> thank you for the opportunity. >> let's just start with us how important are these jobs to the town of freeport? >> we have strides of retention of jobs in free port but when you have 170 jobs leaving our city, it negates everything we have created so hard to create opportunities for people in our community. >> jennifer: how big is freeport? >> 26,000. >> jennifer: so you have spent a lot of time with the workers from the pl
done! that's a subtle elbow. that's smart. now, back to bain. -- back to bayonets for a second. i decided i would create a hash tag on twitter and we had a lot of fun with it. you can join in now. i started calling it romney military complaints. my first one was our armed forces had twice as many catapults in 56 a. d. as we do today. now, i launch about 12 of those. then people started joining in which i enjoyed. here's one of them. under obama the u.s. military has not one kettle of boiling oil to ward off invasion. romney military complaints. and then one more for you guys. our number one geopolitical foe has more sticks and stones than we do, mr. president. hash tag romney military complaint. i love it! i love it when we have fun together like that. let's keep it going on twitter. we'll keep it going here on "the young turks." when we come back, you think we're done with romney? we ain't done with him yet! and how the media reacted is comical! wait until you get a lot of not just fox news
bain, they saw global tech as a good investment... but a company called global tech maximized profits by paying its workers next to nothing... even knowing that the firm promoted its practice of exploiting... low-wage laborabo its investors. mitt romney - tough on china? since when? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your m medicine. and their plan includes a trillion dollars in higher taxes. even on the middle class. mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> live and in hd, this is abc 7 breaking news. [inaudible] >> breaking news is coming in washington.st seven residents were rescued by firefighters. people may soon be searching for e to wait -- to live. tom roussey has the first report of there. now live. >> workers are still out here up the scene tonight. a fire department has not the official caus
,000 jobs as the ce ork as bain. he claimed he had no involvement with managing bain after 1999. but wait a minute. sec filings show him as the ceo and sole stake holder in the company for three additional years. now during those years, what happened? thousands of people were laid off in the bain companies while mitt romney profited. speaking of bain, romney says he's going to get tough on china as president if he's elected. even though his recent tax returns show that he was making investment money all from chinese internet companies accused of stealing american content. he says president obama apologizes for america overseas even though not a single transcript ever shows him apologizing. when mitt romney had a chance to weigh in on the international incident, what did he do? he accused president obama of sympathizing with american enemies. back here at home, romney says the stimulus did not create a single job even though the budget office says it created as 3.3 million jobs. we got more. president obama raised taxes on the the middle class until last week when he slipped up and said pr
sector, the current occupant of the oval office likes to remind voters that romney's tenure at bain capital cuts both ways. >> i spent my life in the private sector. i know why jobs come and why they go. >> he has a one-point plan, to make sure that folks at the top play by a different set of rules. you can make a lot of money and pay lower tax rates than somebody who makes a lot less. ship jobs overseas and get tax breaks for it. invest in a company bankrupted, lay off the workers, strip way their pensions and you still make money. >> while romney pushes his bain in iowa, one state overlies a darker role that private equity and play in communities. jesse jackson among several people arrested in the latest wave of protests centered around a manufacturing company purchased by bain capital six years ago and in the process of shutting down and moving operations overseas to china resulting in the loss of 170 jobs. r r romney has since left bain he's profit. romney himself lass done well as a result of bain's work with the company. according to his released 2011 tax returns romney transf
of income for private equity managers like mitt romney was when he was the sole owner of bain capital? and could have taken advantage of that? they won't say, so we have no idea. but the big numbers would be in taking away the middle class' 401(k) or other retirement savings plans, health insurance, and the mortgage interest deduction. >> yeah. let's clear up this about social security. play this sound bite, if we can, real quick, fellows. this on social security in the debate, it came up last night. >> let's talk about medicare and entitlements. both medicare and social security are going broke and taking a larger share of the budget in the process. will benefits for americans under these programs have to change for the programs to survive? mr. ryan? >> absolutely. medicare and social security are going bankrupt. these are indisputable facts. >> david, what about that? is social security going bankrupt? i know the answer. i want to hear it from you. >> social security, last year, turned a $95 billion surplus. it has a surplus built up, taxes we paid in advance for our benefits, of we
of employees out there. >> this was a booming place and mitt romney and bain capital turned it into a junkyard. >> i was suddenly 60 years old. i had no healthcare. >> main thing i was thinking about was my family. how am i going to take care of mised us the same things he is promising the united states. he will give you the same thing he gave us. nothing. >> bill: all right. so it's back to bain capital. >> back to bain. >> bill: going back to what they did in the spring. >> this is priorities u.s.a. the liberal obama super pac and they basically are going to the same thing, battleground states and like american crossroads, they are bringing back some of their stars from the summer. they spent a fortune on attack ads focusing on bain capital. now, the fact is that there were a lot of inconsistencies and some of the facts were a little fuzzy in these ads. i guess priorities u.s.a. feels like. >> bill: they don't really care. they are trying to get to the regular working class folks saying this guy doesn't care about them, this guy being mitt romney. >> they ran the effective staged ad. >> bill
Search Results 0 to 49 of about 1,007 (some duplicates have been removed)